A. Vikhagen AS: årsregnskap 1999 vs 1998
Shrank 35% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A. Vikhagen AS. Revenue 4.07m NOK → 2.63m NOK (-35.3%). Net result +202.5k NOK → -242.0k NOK. Equity 433.0k NOK → 191.0k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio -1.74× → 1.45×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.07m NOK to 2.63m NOK (-35.3% YoY). Calculated
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↓
Operating result weakened
Operating result +303.8k NOK → -330.4k NOK (op. margin 7.5% → -12.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 202.5k NOK profit to a loss of 242.0k NOK. Calculated
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↓
Equity eroded
Book equity 433.0k NOK → 191.0k NOK (equity ratio 9.8% → 22.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 316.1k NOK → 1.21m NOK (8% → 46% of revenue). Calculated